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Sisi, Ethiopia’s PM agree to overcome obstacles in Nile dam talks
Egypt's President Abdel Fattah al-Sisi and Ethiopia's Prime Minister Abiy Ahmed agreed in a phone call on Friday to…
IMF keeps Egypt economic forecasts, sees FY21 inflation easing to 7.4%
The International Monetary Fund on Thursday confirmed its Egypt’s economic growth forecast of 5.9 percent this…
Saudi Egyptian Construction secures NBE’s billion-pound loan
Saudi Egyptian Construction Co. (SECON) on Thursday signed 1 billion Egyptian pounds ($61.4 million) loan agreement…
Egypt-Algeria trade exchange rises 24.3% in H1
Egypt's trade exchange with Algeria rose 24.3 percent in the first half of 2019 to $429.2 million from $345.4…
World Bank sees Egypt’s 2019/20 economic growth at 5.8%
The World Bank said on Thursday it expected Egypt’s economy to grow by 5.8 percent this financial year, marginally…
Egypt earmarks EGP7 billion to most-impoverished villages: minister
Egypt is allocating a sum of 7 billion Egyptian pounds ($429.6 million) from its 2019/2020 state budget to upgrade…
Egypt’s Ezz steel first-half production mixed with longs up, flats down
Egyptian steel producer Ezz Steel's first-half long steel production rose 10 percent on the year to 1.9 million mt,…
Egypt imposes import fees on rebar, iron billets for 3Yrs
Egypt has imposed temporary import fees of 16 percent on iron billets and 25 percent on steel rebar for three…
Egypt’s annual urban inflation 4.8% drop in September – CAPMAS
Egypt's annual urban consumer price inflation fell 4.8 percent in September from 7.5 percent in August, the…
Sisi congratulates Ethiopia’s Prime Minister on Nobel prize win
Egypt's President Abdel Fattah al-Sisi has congratulated Ethiopian Prime Minister Abiy Ahmed on winning the Nobel…